The investment realization of domestic investment (PMDN) and foreign investment (PMA) in 2018 reached Rp721.3 trillion, 4.1% higher compared to that of 2017, according to the Investment Coordinating Board (BKPM). “Investment in 2018 reached 94.3% of targeted realization of the RPJMN (National Medium-Term Development Plan) which is Rp765 trillion,” Head of the BKPM Thomas Lembong […]

Vannamei shrimp farmers should be careful in expanding their business, according to President Joko “Jokowi” Widodo when attending vannamei shrimp harvest in Bekasi, West Java, Wednesday (30/1). “The harvest in February (2018) failed. The second (harvest) was only half-successful,” the President said, adding that failures in previous harvests should serve as a lesson for the […]

The Government continues to eradicate illegal fishing as 7,000 foreign ships that have been illegally entering Indonesian waters are not in sight anymore, according to President Joko “Jokowi” Widodo. “As the 7,000 vessels are gone now, Indonesia’s fish production should increase significantly,” President Jokowi said during a meeting with the recipients of fishing license (SIPI), […]

Minister of Marine Affairs and Fisheries Susi Pudjiastuti said that for the last four years, Indonesian fishery products have been accepted in 147 countries, increased from 111 countries previously. “It shows that the quality of Indonesian fishery products have improved thus can be accepted in more countries,” Susi said at a meeting between President Joko […]

President Joko “Jokowi” Widodo inspected the implementation of Free Electricity Connection Program in Pantai Bakti Village, Muara Gembong District, Bekasi, West Java, Wednesday (30/1). According to the President, the Government is targeting to install 4,000 free electricity connections in Bekasi Regency, which 300 of them had been installed. He claimed that the program is right […]

President Joko ‘Jokowi’ Widodo urged participants of the Fostering the Economy of the Prosperous Family (Mekaar) program to maintain trust given to them with honesty, discipline and hard work. For the record, the participants are given capital loan by state-owned community development institution PT Permodalan Nasional Madani (PNM) amounting to Rp2-3 million without collateral.

The Government and the central bank Bank Indonesia (BI) agreed to take three strategic measures to keep the Consumer Price Index (CPI) inflation rate in the range of 3.5% ± 1% in 2019. The decision was taken in a Coordination Meeting of the Central Inflation Control Team (TPIP), which consists of the heads of several […]

Minister of Finance Sri Mulyani Indrawati as the Head of Financial System Stability Committee (KSSK) confirmed that Indonesia’s financial system is still sound and solid amidst global economic uncertainty. “All aspects which are evaluated by the KSSK indicates that our financial system is normal and runs properly,” the Minister told reporters after a KSSK regular […]

First Lady Ibu Iriana accompanied by the Vice President’s spouse Ibu Mufidah Jusuf Kalla and a number of spouses of  Working Cabinet Ministers joining in Organization of Solidarity Action of Working Cabinet Era (OASE-KK) conducted plastic waste reduction dissemination, at the Gitik community health center (Puskesmas), in Banyuwangi Regency, East Java, on Monday (28/1). On […]

In a bid to implement direction from President Joko ‘Jokowi’ Widodo on the revision of retirement age limit for Privates and Non-Commission Officers of the Indonesian National Defense Forces (TNI), Commander of the Indonesian National Defense Forces (TNI) Marshal Hadi Tjahjanto said the revision of the Law would be carried out this year. “We will […]